Automotive industry expects output value to exceed 80 billion in 2005


The post-car market will become a new consensus point of profit growth. Not long ago, AEC Auto City held a "Seminar on China's Auto Aftermarket Trends." Participants were very optimistic about the development of the auto aftermarket this year.

Experts attending the meeting said that taking the profit model of domestic and foreign mature automobile markets as a reference, the proportion of sales in the domestic auto market is unreasonable.

In the mature automobile market sales abroad, accessories accounted for 39%, manufacturers 21%, retail 7%, and services 33%. In the domestic auto market, sales accounted for 37% of the sales, manufacturers accounted for 43%, retail sales accounted for 8%, and services accounted for 12%. The data shows that the proportion of manufacturers in domestic auto sales is still too large, while the proportion of services is too small. In addition to financial services such as finance and leasing, there is still room for improvement in automobile after-sales service by nearly 10%. Industry insiders predict that by 2005, the output value of the automotive industry alone will reach 42 billion yuan, and that of the maintenance industry will reach 40 billion yuan.

Experts at the meeting believe that most of the companies in the market are still small workshops, with only one service and limited scale. In general, the automotive aftermarket is still in its infancy, and the scale and service level cannot satisfy the market demand. On the other hand, the entry of foreign auto service companies and foreign capital will increase market competition. Domestic and foreign companies attending the meeting stated that the current development of the post-auto market is immature and that companies should work together to build a market.

According to Kato Hiroshi, head of Beijing Ito Zhonghua Sugar Comprehensive Processing Co., Ltd., no foreign investment has entered into the precedent of completely suppressing the development of domestic auto service companies. Today, China is experiencing the development of the Japanese auto service market. Domestic and foreign companies should learn from each other to improve their after-sales service level and market adaptability.

In 2003, the large and small auto parts exhibitions and the auto aftermarket exhibitions held by the auto show were held several times. Various exhibitions directly targeting the automotive aftermarket will also be launched in 2004. Experts participating in the interpretation of the concept of “automotive aftermarket” show that in the comprehensive automobile exhibition, the auto aftermarket is only a foil role, and the market is gradually changing from a supporting role to a protagonist when the market starts large-scale. It is reported that the "2004 Auto Aftermarket Trade Fair" will be held in AEC Motor City from April 16th to 19th, 2004, including large-scale car audio display, professional car modification demonstrations, automotive supplies and accessories, etc. It is expected to become South China. The most professional international automotive aftermarket fair.

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